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Colombian Mineros Gains Most Since 2010 on Quia, GoldSands Deals

Mineros SA, Colombia’s largest gold producer, gained the most since September 2010 after the company bought 11 percent of Canadian mining company Quia Resources Inc. and reached a separate agreement giving it options to acquire interest in Peruvian gold mining concessions.

Mineros rose 6.4 percent to 5,300 pesos in Bogota today. Mineros has the option to increase its stake in Quia, which is exploring for gold in Colombia, to almost 15 percent, according to a statement distributed yesterday by e-mail.